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The rigid inflatable boats market has demonstrated strong growth, rising from $1.36 billion in 2023 to $1.48 billion in 2024, with a CAGR of 8.4%. This growth is attributed to factors such as military adoption and recreational boating. Looking ahead, the market is forecasted to reach $1.96 billion in 2028, with a CAGR of 7.4%. Key drivers include smart technology integration and the expansion of fishing activities. Emerging trends focus on eco-friendly practices and high-performance models, reflecting an industry shift towards sustainability and innovation.

The rigid inflatable boat market is poised for growth due to the surge in leisure activities, driving demand for recreational watercraft. The Outdoor Foundation reported a record-high participation rate in outdoor recreation activities, indicating increased interest in leisure pursuits. Consequently, the rising popularity of leisure activities is expected to propel the rigid inflatable boat market.

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What Are The Key Trends That Influence Rigid Inflatable Boats Market Share Analysis?

In the rigid inflatable boats market, major companies are focusing on lightweight designs like aluminum hull inflatable boats to enhance performance and competitiveness. Yamaha launched the YAM 350, 310, and 270 TAf models in October 2021. These boats feature rigid aluminum hulls that offer durability and stability while requiring less horsepower, thus achieving a cost-effective engine and boat combination. Yamaha provides various options for Yamaha Outboards, including seating configurations like optional bench seats and consoles for added protection and functionality.

Which Market Players Are Driving Growth In The Rigid Inflatable Boats Market?

Major companies operating in the rigid inflatable boats  market report are Mercury Marine, Damen Holding B.V., Damen Shipyards Group, Vector Ltd., ASIS Boats, Brig Boats, Zodiac Nautic, Highfield Boats Co. Ltd., Highfield Boats, Falcon Inflatables, Williams Jet Tenders Limited., Walker Bay Boats, Sealegs International Limited., Walker Bay Boats Inc., Sealegs International Ltd., AB Inflatables, Novurania of America Inc., Bombardier Recreational Products, Tornado Boats, Ribcraft USA LLC, Grabner GmbH, Quicksilver Boats, Achilles Inflatable Boats, Maxxon Inflatable Boats, Grand Marine International, Avon Marine, Woosung I.B. Co. Ltd., Honwave, Crompton Marine.

How Is The Global Rigid Inflatable Boats Market Segmented?

The rigid inflatable boats market covered in this report is segmented –

1) By Boat Type: Flying Inflatable Boat(FIB), Foldable Rigid Inflatable Boat(FRIB), Amphibious Rigid Inflatable Boat(Amphibious RIB), Other Boat Types
2) By Hull Type: Aluminum, Fiberglass
3) By Propulsion Type: Outboard, Inboard
4) By End Users: Commercial, Military, Rescue, Other Applications

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The Rigid Inflatable Boats Global Market Report 2024 provides an overview of the rigid inflatable boatsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The rigid inflatable boats market forecast analyzes rigid inflatable boats market size, rigid inflatable boats market share, leading competitor and their market positions.

The Table Of Content For The Rigid Inflatable Boats Market Include

1. Rigid Inflatable Boats Market Executive Summary
2. Rigid Inflatable Boats Market Segments
3. Rigid Inflatable Boats Market Size And Template Market Growth Rate
4.  Key Rigid Inflatable Boats Market Trends
5. Major Rigid Inflatable Boats Market Drivers
……
25. Key Mergers And Acquisitions In The Rigid Inflatable Boats Market
26. Top Rigid Inflatable Boats Companies
27. Rigid Inflatable Boats Market Opportunities And Strategies
28. Rigid Inflatable Boats Market, Conclusions And Recommendations
29. Appendix

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